Mike, 1st, I NEVER shorted any stock because in my mind, and with today's electronic trading programmes out there, it is financial terrorism on a US public traded corporation. I used to be a futures trader in 90's and that was a practice there because those were "commodities", NOT equities or ownership into a company...
Shareholders/Investment is supposed to grow said companies and benefit all involved- NOT constantly be shorted to death just to profit no matter if you send that corp into bankruptcy which seems to be going on everywhere today. SEC was supposed to stop all of that especially after the Covid fear rap started last march...
But as far as anything else, go read my post this morning on Exxon (XOM) so you can see where I am coming from. I am from PA originally. I know X and I once was invested in X. I also know Joe Biden and how he helped ruin the entire steel industry there in late 70's & 80's and then went on to sign NAFTA under Bill Clinton thereafter... I still remember how the Town of Allentown went to Billy Joel then who had a song out about them (made $Millions in royalties), asking Joel for some royalties to help the town survive as everything stopped, was shut down, every middle class family poor all of sudden due to mills closed, and Joel gave them the BIG middle finger !!! But what we see recently there is nothing out there to support such movements.
Just my 2 cents. read my post on XOM, as it applies to everything right now... This has not, nor will be, a Christmas to remember for anything positive or good. The collapse of a world power is occurring, just like Rome, UK, Ancient Greece, etc in past millenia, and still too many cannot see the forest through the trees...
GLTA !!
